New F1 managing motorsport director Ross Brawn believes that Formula 1 must find a solution for smaller teams to make the sport more competitive and balanced.
Last year all teams scored points, for the first time since 2009., but Manor fell into administration as they seek the investors to secure their Formula 1 future.
The unequal distribution of prize money is one of the main reasons why small teams have so much trouble, and the new owners previously hinted that this might change in order to increase interest and viewing figures which would ultimately make more money for all.
“We need to find solutions for smaller teams so they coan stand on their own two feet and provide a good challenge to other teams,” Brawn said for Sky Sports F1.
“At the moment, smaller teams face a big challenge, too big. We have to find ways to have a healthy future in Formula 1, from top to bottom.”
“We have to make sure that small teams become attractive and more valuable elements of Formula 1, not only on the track, but also as businesses.”
“We have a contract with the teams until 2020. so nothing is going to change before than, unless all teams agree.”
“There are a number of initiatives that we can take and I have ideas ehat they could be. I’m still not ready to share them with everyone, but I want to share them with the teams and the FIA and start with the development plan for the next three to five years.”
“After three to five years I want us to be able to say we are significantly ahead in terms of the appeal of the sport and the way it interacts with the fans,” said Brawn.